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Stock impact report

What Is Peer-to-Peer Lending and When Should You Consider It? [Yahoo! Finance]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: Yahoo! Finance
Maybe you want to reduce or consolidate debt, buy a car, start a small business, pay for a wedding or replace a washing machine that just died. Maybe friends and relatives can't lend you the money, or you're afraid the banks will deny your loan application. If you want to avoid accumulating credit card debt, a peer-to-peer (P2P) loan could be the solution for you. For You: 6 Cheap Hobbies To Start in 2024 That Will Make You Extra Money Try This: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy On the other side of the equation, P2P lending can be a great opportunity if you're looking for an innovative way to invest your money. As an investor in P2P loans, you can earn some passive income while diversifying investments and potentially lowering your overall risk. Read on for a further explanation of P2P lending and when it might be right for you What Is P2P lending? Peer-to-peer lending — aka person-to-person, P2P or social lending — anonymously Show less Read more
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